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We compare experimentally the revealed distributional preferences of individuals and teams in allocation tasks. We find that teams are significantly more benevolent than individuals in the domain of disadvantageous inequality while the benevolence in the domain of advantageous inequality is...
Persistent link: https://www.econbiz.de/10011116894
cooperation. Subjects' voting is influenced by egalitarian and equity concerns, in addition to self-interest. Cooperation rates …
Persistent link: https://www.econbiz.de/10011048594
find a large and positive effect of endogenous institutional choice on the level of cooperation in comparison to … exogenously implemented institutions. This suggests that democratic participation rights enhance cooperation in groups. With … endogenous choice, groups typically vote for the reward option, even though punishment is actually more effective in sustaining …
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punishment of inefficient defection. Our paper provides evidence of a dark side of group membership. In the presence of cues of … competition between groups, a taste for harming the out-group emerges: punishment ceases to serve a norm enforcement function, and … mechanism that might help explain previous mixed results on the social value of punishment, and they contribute to understanding …
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Many important decisions require strategic sophistication. We examine experimentally whether teams act more strategically than individuals. We let individuals and teams make choices in simple games, and also elicit first- and second-order beliefs. We find that teams play the Nash equilibrium...
Persistent link: https://www.econbiz.de/10010729788
We use a laboratory experiment to examine whether and to what extent other-regarding preferences (efficiency …
Persistent link: https://www.econbiz.de/10010636222
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